Surgical Robots Market 2021 Growth, Prominent Players: Intuitive Surgical Inc., Stryker Corporation, Verb Surgical Inc., Renishaw PLC

The Surgical Robots Market report offers an in-depth assessment of market dynamics, the competitive landscape, segments, and regions in order to help readers to become familiar with the Surgical Robots market. It particularly sheds light on market fluctuations, pricing structure, uncertainties, potential risks, and growth prospects to help players to plan effective strategies for gaining successful in the Surgical Robots market. Importantly, it allows players to gain deep insights into the business development and market growth of leading companies operating in the Surgical Robots market.

The surgical robot market is expected to register a CAGR of 19.9% over the forecast period of 2021-2026.

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Top Leading Companies of Surgical Robots Market are - Intuitive Surgical Inc., Stryker Corporation, Verb Surgical Inc., Renishaw PLC, SRI International Inc., Accuray Incorporated, Think Surgical Inc., Auris Surgical Robotics Inc., Medtronic PLC, Smith & Nephew PLC and others.

Industry News and Updates:

- June 2020 - Accuray Incorporated launched the CyberKnife S7 System, an innovative device combining speed, advanced precision, and real-time artificial intelligence (AI)-driven motion tracking and synchronization treatment delivery for all stereotactic radiosurgery (SRS) and stereotactic body radiation therapy (SBRT) treatments in 15 minutes. The CyberKnife S7 System is the next-generation CyberKnife platform, a robotic, non-invasive radiation therapy device capable of treating cancerous and benign tumors throughout the body and neurologic disorders.

- Oct 2019 - Stryker Corporation announced the acquisition of Mobius Imaging, LLC offering point-of-care imaging technology and its sister company, GYS Tech LLC. The expertise of these acquired companies in advanced imaging and robotics and a robust product pipeline may enable Stryker to increase its presence in Orthopaedics, Spine, and Neurotechnology.

Key Market Trends:

Cardiovascular Surgery to Hold Significant Market Pie

- Robotic heart surgery offers several advantages, such as keeping the breastbone/sternum intact, making smaller incisions, and minimizing blood loss. The major centers have adopted the da Vinci Surgical System for performing robotic heart surgeries, and have registered excellent results. The types of cardiac surgeries performed by robotic systems are mitral valve, repair or replacement, atrial septum defect closure, tricuspid valve repair, maze procedure to treat atrial fibrillation, and coronary artery bypass.
- Currently, the emerging nanobots are being investigated to unclog arteries. The other advances in cardiovascular surgery include catheter-based robots, robot-based valves, better operative techniques, smaller instruments, improved holographic 3D vision, nanotechnology, and faster and smaller computer circuits that enable a quicker transfer of data.

North America Holds Significant Market Share

- North America is one of the prominent regions for the market studied. The United States has been contributing to a majority of the market share in the region, with Canada accounting for a significant volume consumption. Active participation of academia from the North American region has also influenced the growth of the market in the North American region. With collaborations from corporates and academia, many institutions in these countries have been able to record technological advancements.
- There has been significant adoption of robotic surgery in the United States. The annual procedure volume for robotic surgery is higher than 5,00,000 in the United States. Robotic surgery has become the most rapidly adopted medical device over the past two decades to build a brand image and competitive advantage. This is likely to fuel the need for service robots in the region's medical and healthcare sectors.

Investigator Observers Strong Growth in Specific Regions:

– Europe Market (Germany, UK, France, Russia, Italy)

– Center East and Africa Market (Saudi Arabia, UAE, Egypt, Nigeria, South Africa)

– South America Market (Brazil, Argentina, Colombia)

– North America Market (United States, Canada, Mexico)

– Asia Pacific Market (China, Japan, Korea, India, Southeast Asia).

The Latest Industry Data Included in this Report:
- Surgical Robots Market Size & Analysis (2016 - 2026)
- Market Share Analysis of Surgical Robots Market (%),2016 - 2026
- Surgical Robots Market Share, By Brand
- Surgical Robots Market Share, By Company
- Surgical Robots Market Assessment & Opportunity (Value),2016 - 2026
- Major Companies Surgical Robots Market Value Analysis & Forecast
- Promising Surgical Robots Development by Major Companies
- Detailed Surgical Robots Portfolio of the Major Companies
- Major Deals in the Surgical Robots Market
- Major Companies Analysis

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